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Originally published by Capital Businessbusiness
December 7, 2025
9h ago
Family Bank raises Sh8bn in oversubscribed private placement

NAIROBI, Kenya, Dec 7 - Family Bank has closed its private placement of ordinary shares after raising Sh8 billion, surpassing its Sh6.09 billion target Kenya breaking news | Kenya news today |..
✨ Key Highlights
Family Bank successfully raised Sh8 billion in an oversubscribed private placement of ordinary shares, significantly exceeding its target of Sh6.09 billion. This capital infusion will support the bank's digital transformation, boost lending, and fund business expansion in Kenya and the broader region.
- Raised Sh8 billion, oversubscribing its target by 131 percent.
- Chairman Lazarus Muema stated the outcome shows strong confidence in the bank's strategy and financial performance.
- The funds will accelerate lending to priority sectors including MSMEs, green financing, and women- and youth-led enterprises, according to Chief Executive Officer Nancy Njau.
- Standard Investment Bank (SIB) served as the lead transaction advisor.
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